Oman’s Bank Sohar has posted a 41.8% surge in full year net profits to OR14.495m ($37.6m), compared with OR10.22m recorded the previous year, Oman Daily Observer has reported. Credit climbed 12.9% year-on-year to OR1.02bn as on December 31, 2011, from OR903m during the corresponding period in 2010. During the previous quarter, ending September 30, net loans and advances showed a quarter-to-quarter rise of 3.8% from OR982m.